Tax on Unrealized Capital Gains Would Be 'Really Bad Idea': Investor

Published: 8/22/2024, 10:26:58 PM EDT

This week, the Harris campaign endorsed a list of tax hikes originally proposed by the Biden administration. The new taxes would give an estimated $5 trillion to the federal government over 10 years. Among them is a tax on unrealized capital gains for individuals worth over $100 million. NTD speaks to investor Vijay Marolia to get a perspective on the tax.